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BANK RECEIVER TAKES CHARGE
J. H. Heller Named to Serve at Hartford City.
Hartford City, Ind., May 24.-John H. Heller, of Decatur, today took charge of the First National Bank in this city as federal receiver. The bank will be closed for a few days, during which time the books will be checked and a receipt given to Earl Reasoner, who has served as conservator since March 28, 1933. The order for the appointment of a receiver came from the office of the comptroller of currency in Washington.
Notes Reduced $66,000.
Following the bank moratorium of last March, the bank was placed on restricted basis and later the conservator was named. During the year that has passed since that time, all bills payable, totalling $38,000, have been paid and the notes due the bank have been reduced by $66,000. The bank has deposits of $243,000. Liquidation by the receiver will be started as soon as possible. Word has been received here that the North Central Association has again accredited the Hartford City high school for another year. Commencement Tonight. Fred G. Bale, of Columbus, O., will be the speaker at the annual commencement exercises of the Hartford City High School here tomorrow evening The exercises will be held at the high school gym. The graduating exercises for the Holy Family school were held here this evening. Dr. Royal J. Dye was the speaker at the Christian Church this evening He is a pioneer missionary from the Belgian Congo district of Africa. The David Townsend will was filed for probate in the Blackford Circuit Court here today. M. C. Townsend, a son, lieutenant governor, is named as executor. The estate goes to the widow.
County Funds Recovered. County Auditor Luther Speidel today announced that all county funds, totalling $13,029.53, which were in the First National Bank at Montpelier when that institution was closed last year, have been from the bonding company and the state sinking fund. The city council, at special meeting this evening. heard further discussion of the proposed sewage disposal plant. The funeral of Mrs. Martha Long will be conducted at 2 o'clock Friday afternoon at the Church of God in Roll. Floyd Lewis has purchased the Frank Howell grocery store in North Cherry street. A number of people from this city will go to Marion tomorrow afternoon to attend the funeral of John A. Jones, political leader. Mrs. William Glancy, of this city, is a daughter.,
